Empire Financial Management Company, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Empire Financial Management Company, LLC reported 210 stock positions worth $460.2 million. Its top holding was Apple (AAPL) at 3.6% of the portfolio, followed by Distillate US Fundamental St (DSTL, 3.2%) and Amazon.com (AMZN, 3.1%). Compared with Q3 2025, it opened 15 new positions, sold out of 13, added to 69 and reduced 64. The biggest buy was Vanda Pharmaceuticals (VNDA, shares +46%) and the biggest sale an exit from Codexis (CDXS).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001971875
- Portfolio Value
- $460.2M (Q4 2025)
- SEC Filing
- 0001971875-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 210 stocks · $460.2M
| AAPL Apple Inc. | 3.57% | 60,426 | $16.4M | Reduce -2.1% |
| DSTL Distillate US Fundamental St | 3.19% | 248,990 | $14.7M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 3.12% | 62,252 | $14.4M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 3.06% | 45,028 | $14.1M | Reduce -11.5% |
| MSFT Microsoft Corp. | 2.85% | 27,090 | $13.1M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 2.77% | 39,611 | $12.8M | Reduce -0.8% |
| LLY Eli Lilly & Co. | 2.21% | 9,450 | $10.2M | Add +0.7% |
| BA The Boeing Co. | 2.18% | 46,229 | $10.0M | Add +66.0% |
| VNDA Vanda Pharmaceuticals Inc. | 2.12% | 1,108,245 | $9.8M | Add +46.2% |
| RTX RTX Corp. | 1.82% | 45,557 | $8.4M | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.67% | 26,000 | $7.7M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.66% | 138,538 | $7.6M | Reduce -6.0% |
| ABBV Abbvie Inc. | 1.41% | 28,481 | $6.5M | Add +0.1% |
| CEG Constellation Energy | 1.31% | 17,118 | $6.0M | No change |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 1.29% | 211,563 | $5.9M | Add +0.8% |
| HON Honeywell International Inc. | 1.27% | 29,867 | $5.8M | Add +13.6% |
| AXP American Express Co. | 1.21% | 15,034 | $5.6M | No change |
| PHYS Sprott Physical Gold Trust | 1.16% | 161,226 | $5.3M | Reduce -14.1% |
| ET Energy Transfer LP | 1.13% | 316,698 | $5.2M | Add +119.9% |
| FDIV Marketdsk Focused US DVD ETF | 1.13% | 192,639 | $5.2M | Add +2.8% |
| QDPL Pacer Met US LRG Cap DVD 400 | 1.13% | 122,728 | $5.2M | Add +1.0% |
| AVDV Avantis Intl S/C Value ETF | 1.12% | 54,709 | $5.1M | Add +2.0% |
| MRK Merck & Co. Inc. | 1.09% | 47,583 | $5.0M | Add +100.9% |
| AVGO Broadcom Inc. | 1.04% | 13,785 | $4.8M | Reduce -1.8% |
| TRV The Travelers Cos Inc. | 1.03% | 16,285 | $4.7M | Add +0.4% |
| HD Home Depot Inc. | 0.99% | 13,248 | $4.6M | Add +1.5% |
| GCOW Pacer Global Cash Cows Divid | 0.95% | 105,640 | $4.4M | Reduce -22.4% |
| ZG Zillow Group Inc. Class A | 0.94% | 63,300 | $4.3M | No change |
| DSTX Distillate International Fun | 0.91% | 132,309 | $4.2M | Reduce -2.6% |
| KRMD Koru Medical Systems Inc. | 0.89% | 703,139 | $4.1M | Reduce -14.7% |
| GS Goldman Sachs Group Inc. | 0.89% | 4,639 | $4.1M | Reduce -1.3% |
| AMD Advanced Micro Devices | 0.88% | 18,880 | $4.0M | Add +13.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.87% | 68,571 | $4.0M | Reduce -14.1% |
| CB Chubb Ltd. | 0.86% | 12,630 | $3.9M | Add +0.3% |
| QTRX Quanterix Corp. | 0.85% | 617,830 | $3.9M | Add +36.6% |
| JEPI JPMorgan Equity Premium Inco | 0.85% | 68,520 | $3.9M | Reduce -1.0% |
| CYRX Cryoport Inc. | 0.84% | 403,861 | $3.9M | Add +141.8% |
| HGER Harbor Commodity All Weather | 0.81% | 150,014 | $3.7M | Reduce -1.2% |
| CVX Chevron Corp. | 0.78% | 23,675 | $3.6M | Reduce -0.4% |
| ABT Abbott Laboratories | 0.78% | 28,726 | $3.6M | Reduce -28.5% |
| NVDA Nvidia Corp. | 0.77% | 18,917 | $3.5M | Reduce -13.4% |
| DUK Duke Energy Corp. | 0.75% | 29,625 | $3.5M | Add +0.1% |
| JHSC John Hancock Multi Small Cap | 0.74% | 80,981 | $3.4M | Add +0.4% |
| MPLX MPLX LP | 0.73% | 63,321 | $3.4M | No change |
| JNJ Johnson & Johnson | 0.73% | 16,236 | $3.4M | No change |
| ADP Automatic Data Processing | 0.73% | 13,031 | $3.4M | No change |
| PEG Public Service Enterprise GP | 0.72% | 41,416 | $3.3M | No change |
| AMGN Amgen Inc. | 0.72% | 10,152 | $3.3M | Add +0.6% |
| PG The Procter & Gamble Co. | 0.72% | 23,124 | $3.3M | Reduce -1.1% |
| RIGL Rigel Pharmaceuticals Inc. | 0.71% | 76,445 | $3.3M | Reduce -14.6% |
| PFE Pfizer Inc. | 0.71% | 130,841 | $3.3M | Reduce -10.9% |
| MDT Medtronic PLC | 0.69% | 32,818 | $3.2M | Add +0.5% |
| SLV iShares Silver Trust | 0.68% | 48,547 | $3.1M | Reduce -1.8% |
| HSY The Hershey Co. | 0.63% | 16,026 | $2.9M | Add +0.6% |
| ORCL Oracle Corp. | 0.62% | 14,706 | $2.9M | Add +28.5% |
| NSC Norfolk Southern Corp. | 0.59% | 9,393 | $2.7M | Reduce -0.1% |
| KMI Kinder Morgan Inc. | 0.57% | 96,200 | $2.6M | Reduce -0.2% |
| QCOM Qualcomm Inc. | 0.57% | 15,230 | $2.6M | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.56% | 7,667 | $2.6M | Reduce -6.4% |
| COP Conocophillips | 0.55% | 26,814 | $2.5M | Add +218.3% |
| EXC Exelon Corp. | 0.54% | 56,701 | $2.5M | No change |
| NVS Novartis AG-Sponsored ADR | 0.49% | 16,484 | $2.3M | Add +0.9% |
| XBI SS SPDR S&P Biotech ETF | 0.49% | 18,375 | $2.2M | Reduce -5.2% |
| HAL Halliburton Co. | 0.48% | 78,604 | $2.2M | Add +6.1% |
| V Visa Inc. Class A | 0.48% | 6,310 | $2.2M | No change |
| CG The Carlyle Group Inc. | 0.47% | 36,500 | $2.2M | Reduce -52.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 4,058 | $2.0M | Add +2.3% |
| GOAU US GLB GLD & Metal MNRS ETF | 0.43% | 46,763 | $2.0M | Reduce -2.0% |
| J Jacobs Solutions Inc. | 0.43% | 14,966 | $2.0M | Add +0.0% |
| KO The Coca-Cola Co. | 0.42% | 27,785 | $1.9M | No change |
| UBER Uber Technologies Inc. | 0.42% | 23,659 | $1.9M | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.42% | 16,028 | $1.9M | Reduce -0.2% |
| PANW Palo Alto Networks Inc. | 0.42% | 10,427 | $1.9M | Reduce -9.0% |
| LYFT LYFT Inc. Class A | 0.41% | 98,500 | $1.9M | Add +2.1% |
| DPZ Domino's Pizza Inc. | 0.40% | 4,386 | $1.8M | Add +5.0% |
| AZO AutoZone Inc. | 0.40% | 539 | $1.8M | Add +2.1% |
| MKC McCormick & Co.-Non VTG SHRS | 0.39% | 26,551 | $1.8M | Add +1.7% |
| EMR Emerson Electric Co. | 0.39% | 13,623 | $1.8M | Add +0.1% |
| PAYX Paychex Inc. | 0.39% | 15,861 | $1.8M | Add +2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 2,986 | $1.7M | Add +2.3% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 5,614 | $1.7M | Add +1.1% |
| NEE Nextera Energy Inc. | 0.37% | 21,313 | $1.7M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.35% | 2,388 | $1.6M | Add +0.9% |
| PEP Pepsico Inc. | 0.35% | 11,341 | $1.6M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.34% | 22,158 | $1.6M | Add +1.0% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.33% | 91,044 | $1.5M | Add +1.1% |
| AOS Smith (a.o.) Corp. | 0.32% | 22,348 | $1.5M | Add +1.6% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.32% | 27,557 | $1.5M | Add +0.6% |
| CL Colgate-Palmolive Co. | 0.31% | 18,018 | $1.4M | No change |
| TMB Thornburg Multi Sector B ETF | 0.31% | 55,421 | $1.4M | Add +0.1% |
| BIP Brookfield Infrastructure Pa | 0.31% | 40,792 | $1.4M | Add +1.0% |
| ED Consolidated Edison Inc. | 0.31% | 14,145 | $1.4M | Add +0.2% |
| NDIA Global X India Active ETF | 0.31% | 47,115 | $1.4M | Add +2.7% |
| DFEM Dimensional Emrg MRKT Core | 0.28% | 39,388 | $1.3M | New |
| COWG Pacer US LRG Cap Cows GR LD | 0.28% | 36,372 | $1.3M | Add +0.8% |
| CAH Cardinal Health Inc. | 0.28% | 6,167 | $1.3M | No change |
| GD General Dynamics Corp. | 0.27% | 3,758 | $1.3M | Reduce -0.4% |
| SO The Southern Co. | 0.26% | 13,667 | $1.2M | No change |
| MS Morgan Stanley | 0.26% | 6,710 | $1.2M | Reduce -2.5% |
| XLK SS Technology Select Sector | 0.26% | 8,187 | $1.2M | Reduce -1.2% |
Portfolio Sells Q3 2025 → Q4 2025
| CDXS Codexis Inc. | Sold out | 0.00% | −0.82 |
| CG The Carlyle Group Inc. | Reduce -52.0% | 0.47% | −0.62 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.59 |
| ABT Abbott Laboratories | Reduce -28.5% | 0.78% | −0.45 |
| MSFT Microsoft Corp. | Reduce -0.5% | 2.85% | −0.38 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.35 |
| GCOW Pacer Global Cash Cows Divid | Reduce -22.4% | 0.95% | −0.29 |
| SBRA Sabra Health Care REIT Inc. | Sold out | 0.00% | −0.24 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -66.3% | 0.10% | −0.21 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -14.1% | 0.87% | −0.19 |
| JPUS JPMorgan Div Ret US Eq ETF | Reduce -57.5% | 0.12% | −0.18 |
| NVDA Nvidia Corp. | Reduce -13.4% | 0.77% | −0.17 |
| PFE Pfizer Inc. | Reduce -10.9% | 0.71% | −0.15 |
| DSTL Distillate US Fundamental St | Reduce -0.2% | 3.19% | −0.12 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.12 |
| IONS Ionis Pharmaceuticals Inc. | Sold out | 0.00% | −0.12 |
| PANW Palo Alto Networks Inc. | Reduce -9.0% | 0.42% | −0.12 |
| PHYS Sprott Physical Gold Trust | Reduce -14.1% | 1.16% | −0.12 |
| GERN Geron Corp. | Sold out | 0.00% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -0.8% | 2.77% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -1.1% | 0.72% | −0.10 |
| NUVL Nuvalent Inc. Class A | Sold out | 0.00% | −0.10 |
| HPQ HP Inc. | Sold out | 0.00% | −0.09 |
| HGER Harbor Commodity All Weather | Reduce -1.2% | 0.81% | −0.09 |
| BAC Bank of America Corp. | Reduce -6.0% | 1.66% | −0.09 |
| NTSK Netskope Inc. Class A | Sold out | 0.00% | −0.09 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -25.0% | 0.10% | −0.06 |
| CVX Chevron Corp. | Reduce -0.4% | 0.78% | −0.06 |
| NSC Norfolk Southern Corp. | Reduce -0.1% | 0.59% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.4% | 0.56% | −0.06 |
| TGT Target Corp. | Sold out | 0.00% | −0.05 |
| JEPI JPMorgan Equity Premium Inco | Reduce -1.0% | 0.85% | −0.05 |
| KMI Kinder Morgan Inc. | Reduce -0.2% | 0.57% | −0.05 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.05 |
| DSTX Distillate International Fun | Reduce -2.6% | 0.91% | −0.03 |
| OXY Occidental Petroleum Corp. | Reduce -7.6% | 0.09% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 3.12% | −0.03 |
| AAPL Apple Inc. | Reduce -2.1% | 3.57% | −0.03 |
| AVGO Broadcom Inc. | Reduce -1.8% | 1.04% | −0.02 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Reduce -11.6% | 0.10% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.4% | 0.27% | −0.02 |
| TILT NT Mstar US Ftilt ETF | Reduce -22.3% | 0.05% | −0.02 |
| INVH Invitation Homes Inc. | Reduce -1.2% | 0.13% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -12.7% | 0.05% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -6.5% | 0.13% | −0.01 |
| XLK SS Technology Select Sector | Reduce -1.2% | 0.26% | −0.01 |
| D Dominion Energy Inc. | Reduce -0.4% | 0.10% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.21% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -3.8% | 0.12% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VNDA Vanda Pharmaceuticals Inc. | Add +46.2% | 2.12% | +1.26 |
| BA The Boeing Co. | Add +66.0% | 2.18% | +0.80 |
| MRK Merck & Co. Inc. | Add +100.9% | 1.09% | +0.63 |
| ET Energy Transfer LP | Add +119.9% | 1.13% | +0.57 |
| LLY Eli Lilly & Co. | Add +0.7% | 2.21% | +0.57 |
| CYRX Cryoport Inc. | Add +141.8% | 0.84% | +0.48 |
| NEE Nextera Energy Inc. | New | 0.37% | +0.37 |
| COP Conocophillips | Add +218.3% | 0.55% | +0.36 |
| QTRX Quanterix Corp. | Add +36.6% | 0.85% | +0.29 |
| DFEM Dimensional Emrg MRKT Core | New | 0.28% | +0.28 |
| AMD Advanced Micro Devices | Add +13.8% | 0.88% | +0.26 |
| AVRE Avantis Real Estate ETF | New | 0.25% | +0.25 |
| DFAC Dimensional US Core Equity 2 | New | 0.19% | +0.19 |
| FCX Freeport-McMoran Inc. | New | 0.18% | +0.18 |
| BCRX Biocryst Pharmaceuticals Inc. | New | 0.17% | +0.17 |
| DUHP Dimensional US High Profi Et | New | 0.17% | +0.17 |
| DIHP Dimensional International Hi | New | 0.16% | +0.16 |
| OLMA Olema Pharmaceuticals Inc. | New | 0.14% | +0.14 |
| AVDE Avantis International Equity | New | 0.14% | +0.14 |
| TLSI Trisalus Life Sciences Inc. | New | 0.11% | +0.11 |
| AMGN Amgen Inc. | Add +0.6% | 0.72% | +0.07 |
| HAL Halliburton Co. | Add +6.1% | 0.48% | +0.07 |
| WBD Warner Bros Discovery Inc. | New | 0.06% | +0.06 |
| GM General Motors Co. | New | 0.05% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +2.3% | 0.38% | +0.05 |
| USB US Bancorp | New | 0.05% | +0.05 |
| DFIC Dimensional International Co. | New | 0.05% | +0.05 |
| CB Chubb Ltd. | Add +0.3% | 0.86% | +0.04 |
| AVDV Avantis Intl S/C Value ETF | Add +2.0% | 1.12% | +0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Add +10.6% | 0.25% | +0.02 |
| ROE Ast US Eq WGT QLTY Kings ETF | Add +34.3% | 0.06% | +0.01 |
| NVS Novartis AG-Sponsored ADR | Add +0.9% | 0.49% | +0.01 |
| GILD Gilead Sciences Inc. | Add +15.4% | 0.08% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +3.3% | 0.07% | +0.01 |
| SOLS Solstice Adv Materials Inc. | Add +14.2% | 0.08% | +0.01 |
| GEV GE Vernova Inc. | Add +1.0% | 0.21% | +0.00 |
| NDIA Global X India Active ETF | Add +2.7% | 0.31% | +0.00 |
| BIP Brookfield Infrastructure Pa | Add +1.0% | 0.31% | +0.00 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +1.1% | 0.33% | +0.00 |
| CVS CVS Health Corp. | Add +0.3% | 0.12% | +0.00 |
| CME Cme Group Inc. | Add +4.1% | 0.24% | −0.00 |
| AVUV Avantis US Small Cap Value | Add +0.9% | 0.05% | −0.00 |
| HON Honeywell International Inc. | Add +13.6% | 1.27% | −0.00 |
| IDEV iShares Core MSCI Dev MKTS | Add +1.0% | 0.22% | −0.00 |
| LMT Lockheed Martin Corp. | Add +6.0% | 0.19% | −0.00 |
| JHPI John Hancock Preferred Incom | Add +0.2% | 0.07% | −0.01 |
| THW Abrdn World Healthcare Fund | Add +0.2% | 0.17% | −0.01 |
| GE General Electric | Add +1.1% | 0.38% | −0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Add +1.7% | 0.39% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 0.35% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 139 | $252.5M | DSTL, JPM, DBMF, AVDV, FDIV |
| Q1 2026 | 211 | $442.3M | DSTL, AAPL, AMZN, JPM, LLY |
| Q4 2025 | 210 | $460.2M | AAPL, DSTL, AMZN, GOOGL, MSFT |
| Q3 2025 | 206 | $436.7M | AAPL, DSTL, MSFT, AMZN, JPM |
| Q2 2025 | 196 | $346.6M | DSTL, MSFT, JPM, AAPL, AMZN |
| Q1 2025 | 197 | $323.6M | DSTL, MSFT, JPM, AAPL, LLY |
| Q4 2024 | 196 | $320.6M | DSTL, MSFT, AAPL, JPM, LLY |
| Q3 2024 | 203 | $325.0M | DSTL, MSFT, AAPL, LLY, JPM |
| Q2 2024 | 199 | $302.3M | MSFT, DSTL, AAPL, LLY, JPM |
| Q1 2024 | 205 | $302.6M | DSTL, MSFT, AAPL, JPM, LLY |